Answer:
what is question of this you asked
To find the total amount, you will use the formula for finding compounded interest. This means you will be paid interest on top of the interest you have earned each year.
A = P(1 + r)^nt
P stands for the principal.
r is the interest rate when compounded annually
nt is the number of years
A = 17.50(1 + 0.04)^25
A = $46.65
This person would have $46.65 after 25 years.
Answer:
-18 mat-way is good to use